(The Star Online, 2018) Who says property market's down...
While Malaysian property market may be facing an oversupply, not all sub-sectors have seen its transactions slowing down significantly or grinding to a halt.
Recently, It revealed that the industrial property segment is still seeing good growth in terms of both transaction and value.
"...In Johor, he said logistic warehouses within Pasir Gudang and Tanjung Pelepas are likely to continue registering high occupancy rates due to the readily available manufacturing activities in the area, as well as the excellent infrastructure in terms of connectivity and accessibility.
“Demand for new manufacturing facilities are gaining traction for custom build to lease developments like i-Park@Indahpura and i-Park@ Senai Airport City. These developments are becoming increasingly popular with Singapore and multinational clients.”
Going forward, Labrooy believes that the greatest impact and growth for the Malaysian real estate will be the industrial sector.
Read more at https://www.thestar.com.my/business/business-news/2018/12/01/who-says-property-markets-down/#A8K6VVVFOI2MtGSC.99
The Star Online. (2018, December 11). Who says property market’s down. Retrieved from The Star Online: https://www.thestar.com.my/business/business-news/2018/12/01/who-says-property-markets-down/?fbclid=IwAR1r_tIygzNR_mzVuBQy9TbotThwjnPK-9aldgRyCqVjkio-kcc6ShiHumQ#fXkIO1zfuKAEVsdY.01